This video is part of the SFhotlist Monthly Market Update Video Series. Each week, we provide you with a short video with updated information about San Francisco real estate and the neighborhoods you love. Let us know if there is something specific you’d like to know.
Let's take a look at San Francisco's condominium real estate activity in February.
The number of active listings was down 23% from one year earlier and was up 4% from the previous month.
The median listing price for the month was just under $1.1 million. Compared to last year, San Francisco condominiums are moving faster. The average number of days units spent on the market before being sold was down 20%.
Inventory continues to be low -- the number of units sold decreased 29% year-over-year and held steady month-over-month.
If you, a friend, or a colleague is interested in buying a condominium in San Francisco, let's talk.
-DL